FY2025 · ended Dec 31, 2025 · Revenue $0 · Filed Mar 23, 2026
Aardvark Therapeutics, Inc. (AARD) files with the SEC under industry code 2834, Pharmaceutical Preparations. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $0 and a net loss of $57.6 million. Free cash flow was -$54.3 million. As of Jun 30, 2026 it held $73.9 million in cash and investments and $677,000 in total debt.
Revenue (TTM)
$0
Net income (TTM)
$-69.89M
Operating cash flow (TTM)
$-69.41M
Free cash flow (TTM)
$-69.41M
EPS (TTM)
$-3.21
Dividend per share
None
Shares outstanding
21.82M
Net cash
$73.19M
as of Jun 30, 2026
Operating margin
—
Company profile
- Industry
- Pharmaceutical Preparations (SIC 2834)
- Listed as
- AARD (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- San Diego, CA
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1774857
Other Pharmaceutical Preparations companies
- ELI LILLY & Co LLY
- Johnson & Johnson JNJ
- AbbVie Inc. ABBV
- Merck & Co., Inc. MRK
- Novartis AG NVS
- Astrazeneca PLC AZN
- Abbott Laboratories ABT
- Novo Nordisk A S NVO
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
|---|---|
| Revenue | $0 |
| Operating income | -$62.7M |
| Net income | -$57.6M |
| Diluted EPS | -$2.93 |
| Operating cash flow | -$54.2M |
| Free cash flow | -$54.3M |
| Total assets | $117.2M |
| Total liabilities | $10.5M |
| Stockholders' equity | $106.6M |
| Cash and investments | $110.0M |
| Total debt | $441,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Oct 23, 2026 | Oct 23, 2026 |
| 8-K |
Current report
Other events
|
Oct 22, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Officer or director change, Other events
|
Oct 8, 2026 | Oct 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Aug 17, 2026 | Aug 14, 2026 |
| 10-Q | Quarterly report | Aug 11, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 11, 2026 |
All 114 Aardvark Therapeutics, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.